IATA increases 2024 airline profit projections to US$30.5 bln
KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) has upgraded its 2024 profitability projections for airlines to US$30.5 billion in net profit...
MAG back in the black for FY2023 with net profit of RM766 mln
KUALA LUMPUR, March 21 — The Malaysia Aviation Group (MAG) returned to the black with a net profit of RM766 million for the financial year ended December...
Maybank posts 17.5 pct higher net profit of RM9.35 bln in FY2023
KUALA LUMPUR, Feb 28 — Malayan Banking Bhd (Maybank) posted a higher net profit of RM9.35 billion, an increase by 17.5 per cent, for the...
Westports Q3 net profit up 30pct to RM195mln
KUALA LUMPUR, Nov 9 — Westports Holdings Bhd’s net profit for the third quarter ended Sept 30, 2023, increased to RM195 million compared to RM150.39...
Toyota raises profit forecast on robust sales, weak yen
TOKYO, Nov 1 — Toyota, the world’s largest carmaker, posted a surge in net profit for the first half of the current fiscal year on...
CIMB records double-digit net profit growth to RM3.42bln declares interim dividend of 17.50 sen
KUALA LUMPUR, Sept 1 — CIMB Group Holdings Berhad (“CIMB Group” or “the Group”) on 30 August 2023 has announced that the Group recorded a net...
Airline industry net profit to reach US$9.8 bln in 2023
ISTANBUL, June 5 — The airline industry net profit is expected to reach US$9.8 billion (RM44.8 billion) in 2023 with a 1.2 per cent margin,...
MAHB remains in the black after posting RM58.19 mln 1Q net profit
KUALA LUMPUR, May 30 — Malaysia Airports Holdings Bhd (MAHB) remained in the black after posting a net profit of RM58.19 million for the first...
AirAsia X surges in early trade
KUALA LUMPUR, Feb 22 — AirAsia X Bhd’s share price surged by 25 per cent after reporting an improved financial performance for the quarter ended...
CIMB Group posts RM1.41 bln net profit in third quarter
KUALA LUMPUR, Nov 30 — CIMB Group Holdings Bhd posted a solid net profit of RM1.41 billion in the third quarter ended September 30, 2022...
Public Bank’s net profit rises 16.8 pct to RM1.59 bln in third quarter
KUALA LUMPUR, Nov 30 — Public Bank Bhd recorded a net profit of RM1.59 billion for the third quarter (Q3) ended Sept 30, 2022, up...
Westports records lower net profit of RM151.85 mln in first quarter 2022
KUALA LUMPUR, April 26 — Westports Holdings Bhd registered a lower net profit of RM151.85 million in the first quarter ended March 31, 2022 (Q1FY22)...